Indian equities market flat early afternoon

April 28th, 2008 - 4:00 pm ICT by admin  

A file-photo of Sensex
(Second Lead)

Mumbai, April 28 (IANS) The Indian equities market was oscillating between negative and positive zone early Monday afternoon. The market had opened on a firm note but soon slipped into the red. Banking stocks edged lower, realty and auto stocks rose, metal stocks were mixed.

At 1.30 p.m., the 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, was down 53.69 points or 0.31 percent to 17,072.29.

The Sensex had hit a high of 17,271.56 in early trade, a rise of 145.58 points. It also hit a low of 17,042.97 during early trade, a fall of 83.01 points from Friday’s closing figure.

The broader based S&P CNX Nifty of the National Stock Exchange was up 14.65 points or 0.29 percent at 5,097.05

The market breadth was strong on BSE with 1,395 shares advancing as compared to 1,176 that declined; 73 were unchanged.

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